Hazlett Burt & Watson Inc. Has $144,000 Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Hazlett Burt & Watson Inc. boosted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1,700.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 684 shares of the company’s stock after buying an additional 646 shares during the period. Hazlett Burt & Watson Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $144,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Financial Management Professionals Inc. bought a new position in Invesco NASDAQ 100 ETF during the 4th quarter valued at $25,000. Legacy Investment Solutions LLC bought a new stake in Invesco NASDAQ 100 ETF during the third quarter worth $31,000. Kieckhefer Group LLC purchased a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth $32,000. Tucker Asset Management LLC grew its stake in Invesco NASDAQ 100 ETF by 122.0% in the 4th quarter. Tucker Asset Management LLC now owns 202 shares of the company’s stock valued at $43,000 after purchasing an additional 111 shares during the period. Finally, Blue Trust Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $49,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ:QQQM opened at $193.02 on Tuesday. The company has a market capitalization of $38.33 billion, a P/E ratio of 30.79 and a beta of 1.18. The company’s 50-day moving average is $208.90 and its 200 day moving average is $208.02. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.3176 per share. This is an increase from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, March 24th.

Invesco NASDAQ 100 ETF Company Profile

The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that is based on the NASDAQ-100 index. The fund is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks, excluding financials. QQQM was launched on Oct 13, 2020 and is managed by Invesco.